Thursday, March 15, 2012

Investing in Comics and Stamps

Reporter Antonia van de Velde writes on the CNBC business website, "Since 1856, Stanley Gibbons has been buying and selling rare stamps. Its index of Britain’s 30 rarest stamps has risen by almost 70 percent over the past five years, outpacing equities and gold."

However, she notes, "If superheroes conjure up happier memories than those of your stamp collection the market for collecting comic books could offer solace."

Vincent Zurzolo, COO of vintage comic book auction website is quoted as saying, "Vintage comic books have definitely appreciated over the last 30, 40, 50 years. You never see the best of the best going down in value."

An early Superman comic book just sold for $63,000, Zurzolo said. Superman made his first appearance June 1938, with an original price tag of 10 cents. Last year that edition sold for over $2 million, making it the most expensive comic book ever.

To read the entire article (and watch a video about investing in rare comic books and stamps), click here.
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posted by Don Schilling at 12:01 AM